BigBear.ai Stock Drops After Worse-Than-Expected Q3 Revenue: Details

BigBear.ai, Inc. (NYSE:BBAI) reported its third-quarter results after Tuesday's closing bell. Here's a look at the details from the report.  

The Details: BigBear.ai reported quarterly losses of five cents per share, which beat the analyst consensus estimate for losses of seven cents per share. Quarterly revenue of $41.505 million missed the analyst consensus estimate of $46.03 million and is an increase over sales of $33.98 million from the same period last year.

Gross margin increased to 25.9% in the ...